I have no problem with people who contribute a lot of value to society being proportionally rewarded. However, having a net worth in the billions is just plain ludicrous, especially since the billionaires aren’t the ones creating all the value, they’re just controlling it. For example, did Gabe invent everything that makes Valve as successful as it is, or was most of it designed and developed by engineers who are paid a fraction of what he is paid? Even if most of Valve’s IP started with Gabe and other engineers were doing the grunt work to “make it so”, that still shouldn’t mean that society allows this one man to control billions worth of our societal resources.
I have no problem with people who contribute a lot of value to society being proportionally rewarded. However, having a net worth in the billions is just plain ludicrous, especially since the billionaires aren’t the ones creating all the value, they’re just controlling it. For example, did Gabe invent everything that makes Valve as successful as it is, or was most of it designed and developed by engineers who are paid a fraction of what he is paid? Even if most of Valve’s IP started with Gabe and other engineers were doing the grunt work to “make it so”, that still shouldn’t mean that society allows this one man to control billions worth of our societal resources.